New Anti-Deficiency Law In California Would Help Homeowners Who Do A Short Sale
[caption id="attachment_19181" align="aligncenter" width="262"] The Newest Default Laws in California [/caption] Many times, as a troubled homeowner is looking for options and gathering information, they go to the internet to find short sale information for Sacramento. I frequently get emails that ask how often deficiency judgments are pursued in California, and how California deficiency laws affect short sales. Homeowners are always troubled to find that California Deficiency Law Currently allows banks to pursue deficiency judgments for the amount they are shorted in a short sale. New California Anti Deficiency Law Would Help Thousands Of Californians: SB1178 Would Stop Deficiency Judgments For Refinanced Homes In California. Up To The Amount Of Original Purchase Loan, This Amount Would Be Non-Recourse in California Courtesy Los Angeles Times: Reporting...
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